Company failures

Youtravel extends cancellations into late July following FTI failure

Bed bank cancels all active bookings for arrivals up to and including 26 July

Further 175,000 FTI trips cancelled as package takeover talks fail

All FTI Touristik trips due to depart from Saturday 6 July cancelled with immediate effect

Youtravel cancels more bookings with FTI crisis set to roll into July

Trade bed bank Youtravel has apologised to agents as it cancels more bookings due to fall out from the insolvency of its parent company FTI

FTI Touristik failure: the story so far and knock-on effects for the UK travel trade

Operator giant FTI Touristik filed for insolvency on Monday (3 June) sending shockwaves through the European tourism sector – here are the ripple effects for the UK

Tui takes on FTI clients following operator's 'disheartening' collapse

The group has pledged to help clients, hoteliers and destinations affected by the insolvency of German rival FTI Touristik

Jet2holidays reassures clients over FTI hotel concerns

UK operators have become embroiled in the FTI collapse via its portfolio of hotel brands in popular Mediterranean resorts

Youtravel cancels more bookings as FTI crisis continues

Bed bank Youtravel has cancelled further accommodation bookings and set up an agents’ helpline as insolvency specialists begin work at parent company FTI Touristik

Youtravel bookings crisis 'potentially distressing' for agents

The suspension of bookings by Youtravel following the insolvency of parent company FTI Touristik in Germany has consequences for agents, operators and OTAs, experts say

Classic Collection confirms timeline for B2B restructure and reiterates trade commitment

According to recently-promoted B2B director Si Morris-Green, Classic Collection’s consolidation will help ’leverage opportunities to the benefit of our agent partners, mutual customers and suppliers’

Captivating Cuba's demise 'should be a wake-up call to government' – Aito

Chair Chris Rowles urges ministers need to ensure the views of the specialist tour operator community are heard following the failure of one of the association’s members

Captivating Cuba ceases trading as Atol holder after more than 25 years

CAA confirms failure of Stevenage-based Cuba specialist

South African Airways ‘here to stay’, troubled carrier's boss insists

South African Airways will continue to fly despite the collapse of a privatisation deal, its chief executive has said

Southend airport 'fully operational' despite owner calling in administrators

Owner Esken said it did not expect administration to have any impact on the airport’s protracted restructure

London-based travel agency ceases trading as Atol holder

Trivoyage Travel, which was licensed under a franchise arrangement with Protected Trust Services, has been struck off

Fred Holidays clarifies American Queen situation following agent queries

Fred Holidays says its UK GSA role for American Cruise Lines continues as normal after American Queen Voyages ceased operations

American Queen Voyages' UK representative moves to reassure agents

Light Blue Travel, the US line’s UK and Europe general sales agent, said it hoped AQV’s fleet of iconic paddlewheel steamboats could be rescued

American Queen Voyages suspends operations and ceases trading

US river line said despite the best efforts of its team, crew and partners, it had not been able to rebound from the effects of the pandemic

Ski specialist ceases trading citing Covid, Brexit and cost of living

Powder White said the ‘immeasurable’ combined impact of the ‘extraordinary challenges’ the travel industry has faced in recent years had left it with no choice but to cease operating

Fewer operator collapses, but more refunds in 2023, says CAA

The Air Travel Trust says there were fewer operator collapses in 2023 but that repatriation and refunds cost it more than the previous year

Travel PR and representation firm Siren ceases trading after 22 years

Directors confirm decision to place the business in voluntary liquidation

Solmar reveals it has taken on more than 450 former James Villas' properties

The Staffordshire-based specialist will go into 2024 with a record 2,000-plus properties in its portfolio across Europe and Florida following Awaze’s decision to close its James Villas brand

New research highlights five-year trend towards travel agents

Around 40% of customers polled for the survey said booking through an agent was more reliable

US specialist collapse sees Protected Trust Services step in

Protected Trust Services has taken on the bookings of a Florida and US specialist which has ceased trading

Online Travel Training ceases trading and calls in insolvency specialists

Automated email response from managing director Julie Feuell confirms training supplier’s demise